Tag: bankruptcy protection

Bitcoin mining server farm in Virginia Beach seeks bankruptcy protection
April 25, 2019 BY Valentina Kirilova

Bitcoin mining server farm BCause seeks bankruptcy protection

BCause LLC, a cryptocurrency mining operation in Virginia Beach that converted to being a mining server farm supporting other mining operations, is seeking the protection of the bankruptcy court under Chapter 11. Its mining subsidiary, BCause Mining LLC, is also named in the court filings. According to legal filings of its two major creditors, BCause…

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February 28, 2014 BY Gerald Segal

Its official - Mt Gox files for bankruptcy

The saga has ended - 750,000 BTC ($420 million) of customers' funds have been stolen from the company in the beginning of February According to a press conference that has been held in Tokyo, as of today it is finally official – Mt Gox has filed for bankruptcy protection. According to a CNBC report the…

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